About SkrapNest
SkrapNest is an Environment company based in Navi Mumbai (India) founded in 2023. Plastic scrap materials are sourced via a streamlined online platform. SkrapNest has raised $17.98 thousand across 1 funding round from investors including AIC BAMU Foundation. SkrapNest was last valued at $265.15 thousand in December 2023. SkrapNest offers products and services including SkrapNest Platform. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Marketplace. Its legal entity in India is 418 Technologies Private Limited (U62020MH2023PTC399090). Its competitors include Plastic-ScrapWala, GoNeutral and Kabadi Man.
Company details
SkrapNest was founded in 2023 in Navi Mumbai, India, operating in the plastics recycling sector. A digital platform is provided to connect companies with verified suppliers of scrap materials. Procurement is facilitated through a centralized system, enabling access to raw materials for production. Real-time tracking and transparent transactions are supported, with features for quality verification and adherence to environmental standards. Operational efficiency is improved for users in the manufacturing industry.
- Headquarters Navi Mumbai, India
- SectorsEnvironment
- Email••••••••
- Phone•••• ••••
- Website skrapnest.com
- Social LinkedIn Instagram
- Legal Name 418 Technologies Private Limited
- Date of Incorporation 16 Mar, 2023
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹17,710
FY 2025
- Net Loss-₹19.8 Lakh
FY 2025 · -11167% margin
- EBITDA-₹18.8 Lakh
FY 2025 · -10598% margin
- Total Equity Funding$17.98K (USD)
in 1 rounds
- Latest Funding Round$17.98K (USD), Seed
Dec 2023
- Investors
Associated legal entities of SkrapNest
SkrapNest operates through 418 Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| 418 Technologies Private Limited CIN U62020MH2023PTC399090 | Active | 16 Mar 2023 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details |
Products & Services of SkrapNest
SkrapNest offers a comprehensive portfolio of products and services, including SkrapNest Platform.
Digital tool for connecting users to verified plastic scrap suppliers.
Funding Insights of SkrapNest
SkrapNest has successfully raised a total of $17.98K through 1 strategic funding round. The most recent funding activity was a Seed round of $17.98 thousand completed in December 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $17,979
- Total Rounds 1
- Last Round Seed — $17,979
- First Round $17,979
(Dec 2023)
- Investors Count 1
All 1 funding rounds of SkrapNest with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | $17,979 | Seed | $265,152 | AIC | – |
Last known valuation $265,152 (Dec 2023). 1 investors in total: 1 institutional.
Investors in SkrapNest
SkrapNest has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AIC BAMU Foundation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
AIC BAMU Foundation is focused on nurturing startups through incubation. | aicbamu.com | Aurangabad, India |
Investor details for SkrapNest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of 418 Technologies Private Limited (SkrapNest)
418 Technologies Private Limited is the primary company behind SkrapNest. The board of 418 Technologies Private Limited currently have 2 directors; the longest-serving is Prathamesh Ramesh Dhoke, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Prathamesh Ramesh Dhoke DIN 10075626 | Director | 16 Mar 2023 | 3 yrs 7 mo | 418 Technologies Private Limited |
| Sanat Subhash Patil DIN 10075627 | Director | 16 Mar 2023 | 3 yrs 7 mo | 418 Technologies Private Limited |
Financials of SkrapNest
Figures of 418 Technologies Private Limited, the primary company behind SkrapNest, for FY 2025. Revenue was ₹17,710. Net loss was -₹19.8 Lakh (-11167% margin). EBITDA was -₹18.8 Lakh (-10598% margin).
- ₹17,710Revenue · FY 2025
- -₹19.8 LakhNet loss · -11167% margin
- -₹18.8 LakhEBITDA · -10598% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of 418 Technologies Private Limited are on its company page.
Detailed financial statements for SkrapNest
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SkrapNest
2 dated milestones of SkrapNest, from founding to its latest funding, stage changes and deals.
- Founded SkrapNest is founded.
- Funding First funding round of $18K.
Competitors of SkrapNest
SkrapNest has 3 listed competitors in our database. They include Plastic-ScrapWala, GoNeutral and Kabadi Man.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| petscrapwala.com | 2017 | Thane, India | Offers a platform with essential information on polymer recycling services. | |||
| goneutral.earth | 2024 | Gurugram, India | Delivers solutions to reduce plastic pollution and promote environmental regeneration. | |||
| kabadiman.com | 2021 | Belgaum, India | Operates a digital hub for convenient selling of scrap materials. |
Detailed competitors of SkrapNest
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Waste & Water Management Systems
3 companies that operate in the same segment as SkrapNest (Waste & Water Management Systems) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | ||
Tech-based solid waste management and recycling solutions are provided. | 2008 | Noida, Uttar Pradesh, India | USD 31.1 M | USD 52.13 M | 106 |
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Frequently Asked Questions about SkrapNest
SkrapNest was founded in 2023.
SkrapNest is headquartered in Navi Mumbai, India. It is registered at Navi Mumbai, Maharashtra, India.
SkrapNest is a funded company, having raised a total of $17.98K across 1 funding round to date. The company's 1st funding round was a Seed of $17.98K, raised on Dec 2023.
The primary company behind SkrapNest, 418 Technologies Private Limited, reported revenue of ₹17,710 for FY 2025.
SkrapNest was founded in 2023 in Navi Mumbai, India, operating in the plastics recycling sector. A digital platform is provided to connect companies with verified suppliers of scrap materials. Procurement is facilitated through a centralized system, enabling access to raw materials for production. Real-time tracking and transparent transactions are supported, with features for quality verification and adherence to environmental standards. Operational efficiency is improved for users in the manufacturing industry.
SkrapNest's top competitors include Plastic-ScrapWala, GoNeutral and Kabadi Man.
SkrapNest offers SkrapNest Platform.
SkrapNest has 1 investor. Key investors include AIC BAMU Foundation.
The valuation of SkrapNest is $265.15K as of Dec 2023.
SkrapNest operates through 418 Technologies Private Limited.
The legal entities of SkrapNest currently have 2 directors, including Prathamesh Ramesh Dhoke, Sanat Subhash Patil.